MLS®: X9410309 Status: For sale

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$4,800,000
Location:

82-94 155-159brock & Wellington Street, Kingston (central City East) Ontario, K7L3E1

82-94 155-159brock & Wellington Street, Kingston (central City East) Ontario
Description:
In the heart of downtown Kingston, sits this one-of-a-kind, well-conditioned, well-operated historical building. This building has 6 retail storefronts spanning over 6000 sq. ft. on the ground floor, 3 offices on the second floor, and 11 residential apartments on the second and third floors. This historic limestone building has up-to-date security and fire safety features and has been diligently and prudently maintained by the current owners for 5 decades. In todays world of rising rates and economic uncertainty, this investment will add stability and growth to any portfolio. All the retail leases have built-in annual escalation. The residential units never stay vacant long. Kingston's downtown is recognized as one of Ontario's best downtowns with over 700 entertainment venues, marinas, city hall, and more, and this property is an integral corner to the community. Within easy walking distance to Queens University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! Full financials available to qualified buyers upon completion of confidentiality agreement. (id:2471)
Property:
Type: Business
Lot Dimensions: Unit=74.97 x 97.82 FTAcreage: Unit=74.97 x 97.82 FT
Water: Municipal water
Structure:
Square Footage: 18016 sqft
Exterior: Stone
Foundation Type: Stone
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82-94 155-159brock & Wellington Street, Kingston (central City East) Ontario

RE/MAX Service First Realty Inc., Brokerage
LUCA ANDOLFATTO
Broker
RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
Telephone:
613-766-7650
Cellular:
613-541-9220
Email Website
DREW MAYHEW
Salesperson
RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
Telephone:
613-766-7650
Cellular:
613-929-3739
Email Website
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Listing Office: RE/MAX SERVICE FIRST REALTY INC., BROKERAGE

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